Nvwm LLC Has $711,000 Stock Position in Monolithic Power Systems, Inc. (NASDAQ:MPWR)

Nvwm LLC lifted its holdings in shares of Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 2.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,201 shares of the semiconductor company’s stock after acquiring an additional 24 shares during the period. Nvwm LLC’s holdings in Monolithic Power Systems were worth $711,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in MPWR. NBC Securities Inc. raised its stake in shares of Monolithic Power Systems by 433.3% in the third quarter. NBC Securities Inc. now owns 32 shares of the semiconductor company’s stock worth $29,000 after purchasing an additional 26 shares during the last quarter. Wolff Wiese Magana LLC lifted its stake in Monolithic Power Systems by 3,400.0% during the 3rd quarter. Wolff Wiese Magana LLC now owns 35 shares of the semiconductor company’s stock valued at $32,000 after acquiring an additional 34 shares in the last quarter. Ashton Thomas Securities LLC purchased a new position in Monolithic Power Systems during the 3rd quarter worth $36,000. Rakuten Securities Inc. lifted its position in shares of Monolithic Power Systems by 410.0% during the third quarter. Rakuten Securities Inc. now owns 51 shares of the semiconductor company’s stock valued at $47,000 after purchasing an additional 41 shares in the last quarter. Finally, Capital Performance Advisors LLP purchased a new position in Monolithic Power Systems during the third quarter worth about $65,000. Institutional investors and hedge funds own 93.46% of the company’s stock.

Insider Transactions at Monolithic Power Systems

In other Monolithic Power Systems news, CFO Theodore Blegen sold 734 shares of the firm’s stock in a transaction on Friday, November 8th. The shares were sold at an average price of $765.15, for a total value of $561,620.10. Following the sale, the chief financial officer now owns 55,944 shares of the company’s stock, valued at $42,805,551.60. This trade represents a 1.30 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Deming Xiao sold 866 shares of the company’s stock in a transaction dated Friday, November 8th. The shares were sold at an average price of $765.14, for a total transaction of $662,611.24. Following the transaction, the executive vice president now directly owns 162,239 shares of the company’s stock, valued at approximately $124,135,548.46. This trade represents a 0.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 4,100 shares of company stock worth $2,724,231. Company insiders own 3.70% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on MPWR. Needham & Company LLC lowered their target price on Monolithic Power Systems from $950.00 to $600.00 and set a “buy” rating on the stock in a research note on Friday, November 22nd. Rosenblatt Securities cut shares of Monolithic Power Systems from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 31st. Citigroup assumed coverage on Monolithic Power Systems in a research note on Wednesday, December 11th. They set a “buy” rating and a $700.00 price objective on the stock. Loop Capital raised Monolithic Power Systems from a “hold” rating to a “buy” rating and set a $660.00 target price for the company in a report on Monday, November 18th. Finally, TD Cowen decreased their price target on Monolithic Power Systems from $1,100.00 to $975.00 and set a “buy” rating on the stock in a research report on Thursday, October 31st. Two equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $820.33.

Monolithic Power Systems Stock Performance

MPWR stock opened at $656.29 on Wednesday. The firm has a market cap of $32.01 billion, a P/E ratio of 73.99, a P/E/G ratio of 2.44 and a beta of 1.03. The firm’s fifty day moving average is $611.67 and its 200 day moving average is $757.24. Monolithic Power Systems, Inc. has a 52 week low of $546.71 and a 52 week high of $959.64.

Monolithic Power Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a dividend of $1.25 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $5.00 dividend on an annualized basis and a dividend yield of 0.76%. Monolithic Power Systems’s dividend payout ratio (DPR) is currently 56.37%.

Monolithic Power Systems Profile

Monolithic Power Systems, Inc engages in the design, development, marketing, and sale of semiconductor-based power electronics solutions for the storage and computing, automotive, enterprise data, consumer, communications, and industrial markets. The company provides direct current (DC) to DC integrated circuits (ICs) that are used to convert and control voltages of various electronic systems, such as cloud-based CPU servers, server artificial intelligence applications, storage applications, commercial notebooks, digital cockpit, power sources, home appliances, 4G and 5G infrastructure, and satellite communications applications.